Answer:
B. a license to form a corporation issued by the state government
B. potential loss of control by founders
United States of America and Japan
Step-by-step explanation:
Incorporation is the formal process of registering a business such that the business becomes a separate entity from the owners of the business. On the successful registration/incorporation of a business by the promoters, the government issues a certificate known as the certificate of incorporation.
As such, a certificate of incorporation is a license to form a corporation issued by the state government. Option B
One disadvantage of incorporation is potential loss of control by founders. Other items such as limited liability for owners, transferable ownership and long life are advantages.
The United States of America and Japan operate the world's largest multinationals today.